Charles Russell Speechlys has advised Elysian Capital on its acquisition, in conjunction with the company’s management, of Raymond Brown Minerals and Recycling Limited (“RBMR”), a leading regional integrated aggregates and recycling business operating across Hampshire, Dorset, Wiltshire and Oxfordshire.
Based in Chandlers Ford, RBMR has developed three equally strong business streams – aggregate extraction and provision through a network of strategically positioned quarries; long term strategic partnerships for the processing and recycling of incinerator bottom ash (IBA); and regional waste management and recycling through a network of high capacity material recovery facilities (MRFs). The Group has a strong reputation for product and service quality and environmental responsibility.
Senior Debt and Working Capital Facilities were provided by the Acquisition Finance team at Lloyds Bank Commercial Banking.
Edward Brett of Elysian Capital commented “‘We have thoroughly enjoyed working with the Charles Russell Speechlys team. The multi-faceted nature of RBMR created complexity and the need for a broad range of legal expertise across a number of disciplines. Charles Russell Speechlys provided a depth and continuity of advice across the whole, coupled with excellent communication to bring all the elements together in a very professional, commercially focused manner”.
Malcolm MacDougall, Corporate Partner from Charles Russell Speechlys commented “We are delighted to have completed the acquisition of RBMR for Elysian Capital. It was a complex process and we are very pleased to have worked with Edward and the rest of the Elysian team to have achieved a successful completion.”
The Charles Russell Speechlys core team comprised Malcolm MacDougall, David Coates, Nicola Baird, Emily Davies and Genevieve Morrall from the Corporate Team, Danny Sullivan, Christopher Forrest and Bethan Richards from our Banking Team, and Ashley Kopitko, Mark White, Naomi Heathcote and Claire Fallows from our Real Estate team covering property and environmental. Teams from IT/IP, tax and employment were also involved.
